MiningNewsBreaks Archive - Page 127 of 146

MondayApr 12, 2021 1:35 pm

MiningNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Collaborates to End 20-Year Drought with New Initiative

Energy Fuels (NYSE American: UUUU) (TSX: EFR) has partnered with Neo Performance Materials (TSX: NEO) in an initiative that will see feedstock from the United States being used to manufacture separated rare earth (“RE”) materials outside China for the first time in over 20 years. “A leading U.S.-based uranium mining company, Energy Fuels, has been working with Neo for almost a year in a technical collaboration focused on establishing a monazite processing and RE carbonate production capacity at Energy Fuels’ White Mesa Mill plant in Utah,” reads an article detailing the partnership. “That successful collaboration has led to the current…

FridayApr 09, 2021 10:22 am

MiningNewsBreaks – Uranium Energy Corp. (NYSE American: UEC) Closes Direct Offering, Reports on Financial Status

Uranium Energy (NYSE American: UEC), a U.S.-based uranium mining and exploration company, announced that it has closed on its recent registered direct offering. The previously announced offering included an aggregate of 3,636,364 shares of UEC common stock, sold at a purchase price of $3.30 per share, for potential gross proceeds of $12 million for the company. The offering was sold according to an April 5, 2021, securities purchase agreement made with institutional investors. Following the closing, UEC reported that it currently has more than $110 million in cash, equity and inventory holdings; the announcement noted that with the closing UEC’s physical uranium…

TuesdayApr 06, 2021 12:28 pm

MiningNewsBreaks – Asia Broadband Inc. (AABB) Secures Over $1M in Gold-Backed Crypto Sales in Two Weeks Following Launch

Asia Broadband (OTC: AABB), a resource company focused on the production, supply and sale of precious and base metals, today announced that it has recorded over $1 million in AABBG Gold Token sales within the first two weeks after the token became available for sale on March 22. According to the update, the initial two weeks of token sales have allowed the company’s AABBG token developer, Core State Holdings Corp. (“CSHC”), to monitor and refine the information and transaction processing to validate token sales operations. With the sales verification phase now complete, Asia Broadband is proceeding to implement an international…

TuesdayApr 06, 2021 11:17 am

MiningNewsBreaks – Perpetual Industries Inc. (PRPI) Announces Completion of Software System Acquisition

Perpetual Industries (OTC: PRPI), an incubator for the development of innovative, energy-efficient technologies aimed at commercializing products that have the potential to impact and advance a wide range of industries on a global scale, has completed its acquisition of the AutoGrafic Software System. AutoGrafic is a software as a service (SaaS) and social application that uses cutting-edge technology to host a myriad of aspects for automotive promotion and preservation. The software is designed for global collector car and automotive enthusiasts and enables a unique, multifaceted, interactive automotive experience focused on a visual-based social community; the software also provides collection management,…

TuesdayApr 06, 2021 10:15 am

MiningNewsBreaks – Uranium Energy Corp. (NYSE American: UEC) Announces Expansion of Physical U3O8 Initiative, Registered Direct Offering

Uranium Energy (NYSE American: UEC), a Corpus Christi, Texas-based uranium mining and exploration company, today announced that it has secured an additional 705,000 pounds of U.S.-warehoused uranium, with delivery dates out to December 2022. Including previously contracts to acquire 1,400,000 pounds of uranium concentrates, Uranium Energy has entered into additional purchase contracts for a total of 2,105,000 pounds of U3O8 at a volume-weighted average price of ~$30 per pound. UEC also announced its entry into definitive agreements with institutional investors to purchase an aggregate of 3,636,364 common shares of the company, each at a purchase price of $3.30, for gross…

ThursdayApr 01, 2021 12:38 pm

MiningNewsBreaks – GoldHaven Resources Corp. (CSE: GOH) (OTCQB: GHVNF) Commences Drilling at Rio Loa, Preps to Advance Multiple High-Priority Projects

GoldHaven Resources (CSE: GOH) (OTCQB: GHVNF), a Canadian junior exploration company that acquires and explores mineral resource properties, recently mobilized a drill crew and commenced its phase 1 drill campaign at Rio Loa. With the company anticipating that the Rio Loa Project could deliver impressive results, an article about the prospects reports that this is just one of GoldHaven’s promising assets. “One of GoldHaven’s high-priority Maricunga projects, the Rio Loa Project, is located 25 kilometers south of Gold Field’s Salares Norte deposit,” the article reads. “In addition to Rio Loa, GoldHaven has six other priority assets to test and drill.…

WednesdayMar 31, 2021 11:01 am

MiningNewsBreaks – Exro Technologies Inc. (TSX.V: EXRO) (OTCQB: EXROF) Announces Calgary Facility with Automotive Class Manufacturing Capabilities

Exro Technologies (TSX.V: EXRO) (OTCQB: EXROF), a leading clean-technology company that has developed a new class of power electronics for electric motors and batteries, unveiled plans for a new Calgary-based facility that will have the capability to produce up to 100,000 Coil Driver products with automotive industry certifications annually. Scheduled to open late Q4 2021, the 37,000-square-foot structure will include production lines, product showrooms and office spaces and is slated to obtain automotive certified production by the end of 2022. The facility will use solar power and battery energy storage solutions with a net zero carbon emissions objective. This key…

TuesdayMar 30, 2021 12:04 pm

MiningNewsBreaks – Asia Broadband Inc. (AABB) Increases Upcoming Stock Dividend

Asia Broadband (OTC: AABB), a resource company focused on the production, supply and sale of precious and base metals, today announced that its management and board of directors have approved an increase in the upcoming stock dividend. According to the update, the restricted common share dividend will be distributed on the basis of one dividend share for every 45 shares owned to AABB shareholders of record on May 3, 2021. In response to shareholder requests and interest, the company increased the dividend by 10% and extended the shareholders of record date. The majority of shareholders will receive the dividend shares…

TuesdayMar 30, 2021 11:15 am

MiningNewsBreaks – Uranium Energy Corp. (NYSE American: UEC) Featured in Bell2Bell Podcast

Uranium Energy (NYSE American: UEC), a Corpus Christi, Texas-based uranium mining and exploration company, was featured in The Bell2Bell Podcast, a part of InvestorBrandNetwork’s (“IBN”) sustained effort to provide specialized content distribution via widespread syndication channels. Uranium Energy’s CEO and President, Amir Adnani, joined the latest episode to discuss the company’s recent news and milestones, which include strengthening of its balance sheet that totals close to $95 million in cash and equity holdings, including approximately $61 million in cash. Adnani also discussed the company’s establishment of a physical uranium holding initiative. “This has really both resonated with the market and,…

MondayMar 29, 2021 3:23 pm

MiningNewsBreaks – Uranium Energy Corp. (NYSE American: UEC) Receives ‘Buy’ Rating from H.C. Wainwright & Co.

Uranium Energy (NYSE American: UEC), a U.S.-based uranium mining and exploration company, recently announced the close an offering of 10 million shares, resulting in an estimated $30.5 million for the company. According to the announcement, the company plans to use the funds to support its physical uranium purchase initiative as well as for general corporate and working capital requirements. Based on the company’s announcement, H.C. Wainwright & Co. released a target price revision; the report noted a price of $2.65 and a buy rating. “While the company remains focused on developing its low-cost, in-situ recovery (‘ISR’) mining capabilities, management has…

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